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🚨💰 UK to introduce £20,000 limit on stablecoin ownership in proposed rules: BBG
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🔍🐳 Whale transactions: 1. An Ethereum ICO wallet transferred 200 #ETH ($626,000) after over 10 years of inactivity. He invested only $310 in the ICO and received 1,000 ETH—now worth $3.13 million, representing a 10,097x return; 2. 0xbbc0 opened a 5x long position on 29.5 million #STRK ($6.7 million) three days ago and is now up over $2.5 million in profit. Today, he also opened a 10x long position on 77,598 #HYPE ($2.98 million).
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🙁 A wallet that had been inactive for five years exchanged 14.45 million #ADA ($7.08 million) for #USDA. Due to low liquidity, it received only 847,694 USDA, incurring a loss of $6.2 million.
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🔥Bit Digital reported that ETH reserves have grown to 153,547 coins 👀Coinglass: 242,900 ETH withdrawn from CEX in the past week 🇬🇧The UK Supreme Court will hear tomorrow the order for 60,000 BTC confiscated from a Chinese citizen 🍔American Bitcoin restaurant Steak 'n Shake opens in El Salvador 🇺🇸The Cardano Foundation CEO announced that the organization is working on launching an ADA ETF in the US 🚓Wolf Capital founder sentenced to 5 years in prison for $9.4 million crypto Ponzi scheme 🫡Rising institutional XRP activity spurred Evernorth to file an SEC application on tokenized financial instruments services 🔻NFT trading volume fell 5.06% this week to $79.4 million, while the number of buyers and sellers increased by 700%. 🚀Tether may lead a $1.2 billion round for a German robotics startup (FT) $ADA $BTC
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🕵️♂️🐳 Whale and institutional activity: - Arthur Hayes sold 780 #ETH (~$2.4M), 5M #ENA (~$1.38M), 132,730 #ETHFI (~$124K), 640,000 #LDO (~$480K), 1,630 #AAVE (~$289K), and 28,670 #UNI (~$209K); - a whale who recently bought 444,895 ETH ($1.39B) today withdrew 177,000 ETH ($561.3M) from Aave and moved 44,000 ETH ($140.2M) to Binance (currently with an unrealized loss of ~$125M); - Over the past week, Bitmine has purchased 67,000 ETH worth >$234 million.
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⚡ Whales are buying up these three altcoins despite the market decline Large wallets continue to increase their positions, despite the market being depressed throughout November. Optimism ($OP) Largest addresses increased their balances by 3.15% in a month, adding approximately $54 million to their positions. For $OP, a key reversal level is around $0.47. Aster ($ASTER) The most aggressive accumulation. Whales have increased their holdings by 140% over the past 30 days. The total volume is estimated at approximately $75.7 million. The price has already reversed upward due to the influx. Maple Finance ($SYRUP) Large holders added 3.47% and now control approximately 1.11 billion tokens. The price is forming a reversal pattern, and a breakout of the $0.53 zone could confirm an upward move. This is not financial advice.
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